Non-Alcoholic RTD Beverages Market

Non-Alcoholic RTD Beverages Market Size, Share, Growth Analysis, By Type(Carbonated, Non-Carbonated), By Category(Soft Drinks, Juices), By Packaging(Bottles, Cans), By Distribution Channel(Supermarkets & Hypermarkets, Convenience Stores), By Region(North America, Europe) - Industry Forecast 2024-2031


Report ID: UCMIG30G2042 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Non-Alcoholic RTD Beverages Market Insights

Market Overview:

The market for Non-Alcoholic RTD Beverages reached a value of approximately USD 720.5 billion in 2022 and is set to expand by a CAGR of 6.3% from 2023 to 2032. The growing consumer emphasis on health and well-being has propelled the demand for healthier beverage selections. Non-Alcoholic RTD Beverages, featuring reduced sugar content, natural components, functional advantages, and supplemented vitamins and minerals, have garnered significant favor. These beverages, including water, sports drinks, and fruit juices, serve as sources of hydration and revitalization, making them popular options for satiating thirst and reinvigorating individuals throughout the day. Manufacturers have introduced inventive flavors and compositions to meet the diverse preferences of consumers.

Non-Alcoholic RTD Beverages Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Soft Drinks by segment aggregation, the contribution of the Soft Drinks in Food, Beverage & Tobacco and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Non-Alcoholic RTD Beverages was estimated to be valued at US$ XX Mn in 2021.

The Non-Alcoholic RTD Beverages Market is estimated to grow at a CAGR of XX% by 2028.

The Non-Alcoholic RTD Beverages Market is segmented on the basis of Type, Category, Packaging, Distribution Channel, Region.

Based on region, the Non-Alcoholic RTD Beverages Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Non-Alcoholic RTD Beverages Market are , The Coca-Cola Company , PepsiCo, Inc. , Keurig Dr Pepper Inc. , Nestlé S.A. , Danone S.A. , Monster Beverage Corporation , Red Bull GmbH , Starbucks Corporation , The Kraft Heinz Company , Unilever N.V , Campbell Soup Company , The Hershey Company , Ocean Spray Cranberries, Inc. , Suntory Beverage & Food Limited , JAB Holding Company.

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Non-Alcoholic RTD Beverages Market

Product ID: UCMIG30G2042

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